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Tag: Quarter

American Eagle sales up 8 percent, increases profitability during the quarter

August 30, 2024 No Comments Business , , , , , ,

American Eagle Outfitters, Inc. announced on Thursday revenues rose 8 percent to $1.3 billion in the second quarter, thanks to solid gains in the U.S. retailer’s online and offline revenues. American Eagle By brand, Aerie revenue increased 9 percent $416 million, with comp sales up 4 percent, while American Eagle revenue rose 8 percent to $828 million, [...]read moreAmerican Eagle sales up 8 percent, increases profitability during the quarter

Tendam achieves 4.6% growth in first quarter, nearing €254 million in revenue

August 27, 2024 No Comments Business , , , , , ,

Translated by Roberta HERRERA Published Aug 27, 2024 Tendam, the Spanish retail conglomerate renowned for brands such as Cortefiel, Springfield, and Women’secret, achieved a 4.6% revenue growth in the first quarter of its fiscal year, totalling €253.8 million. The group projects an optimistic revenue increase ranging from 8% to 8.3% for the second quarter of [...]read moreTendam achieves 4.6% growth in first quarter, nearing €254 million in revenue

Foot Locker sales drop in first quarter on Champs Sports business dive

August 24, 2024 1 Comment Business , , , , , , , ,

Foot Locker Inc. reported on Thursday sales decreased by 2.8%, to $1.87 billion, in the first quarter, coinciding with a slash in profits for the three months ending May 4. Foot Locker The U.S. multi-brand sneaker retailer said comparable sales were down 1.8% in the quarter, impacted by the Champs Sports banner, which plummeted 18.6% comparable sales-wise. Global Foot [...]read moreFoot Locker sales drop in first quarter on Champs Sports business dive

China e-commerce group JD.com beats profit forecasts in second quarter

August 16, 2024 No Comments Business , , , , , , ,

By Reuters Published Aug 16, 2024 Chinese e-commerce group JD.com on Thursday reported forecast beating second-quarter profits, helped by price cuts that attracted cost-conscious shoppers to its platform. Shutterstock JD.com’s U.S.-listed shares rose more than 4% in early trading. Major Chinese vendors like JD.com and Alibaba have increased focus on discounts and lower-priced goods as Chinese shoppers [...]read moreChina e-commerce group JD.com beats profit forecasts in second quarter

Adolfo Domínguez has narrowed its losses to 1.8 million euros in the first quarter

July 19, 2024 No Comments Business , , , , , ,

By EFE Translated by Roberta HERRERA Published Jul 19, 2024 Adolfo Domínguez has reduced its losses to 1.8 million euros in its first fiscal quarter, spanning March to May, aided by a 10.45% increase in business volume, which exceeded 24 million euros—the highest for this interval since 2015. Interior of the Spanish company’s new store [...]read moreAdolfo Domínguez has narrowed its losses to 1.8 million euros in the first quarter

Douglas raises annual targets after strong third quarter

July 17, 2024 No Comments Business , , , , ,

By DPA Translated by Roberta HERRERA Published Jul 17, 2024 Following its third-quarter results, Douglas has revised its outlook upwards for the fiscal year 2023/24, now anticipating revenue growth of about 8.5%, up from the previously forecasted 7%. shutterstock Following its third-quarter results, the perfume retailer Douglas has revised its outlook upwards for the fiscal [...]read moreDouglas raises annual targets after strong third quarter

Nearly one quarter of retirement age adults are still working

June 9, 2024 No Comments Real estate , , , , , ,

A myriad of positive and negative developments in the lives of older adults — including higher living costs, inflation, longer life expectancies and higher education levels — have led to a rise in the number of retirement-aged adults remaining in the U.S. workforce according to new government data analyzed by LendingTree. The analysis was based [...]read moreNearly one quarter of retirement age adults are still working

Germany’s Douglas reports loss in quarter due to IPO costs

May 29, 2024 No Comments Business , , , , , , ,

By Reuters Published May 29, 2024 German perfume and cosmetics retailer Douglas reported a net loss in the second quarter, affected by expenses linked to its IPO, the company said on Wednesday. The company reported a net loss of 41.3 million euros ($44.84 million), still a 2% improvement from a year ago but overshadowed by [...]read moreGermany’s Douglas reports loss in quarter due to IPO costs

China weakness felt as Tod’s sales drop 4.7% in first quarter

May 16, 2024 No Comments Business , , , , , ,

By Reuters Published May 16, 2024 Turnover at Italian luxury shoemaker Tod’s fell by 4.7% at constant exchange rates in the first quarter to 258 million euros ($280 million), with its key brands hit by weakness in the Chinese market. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan – © ImaxTree Sales in its Greater [...]read moreChina weakness felt as Tod’s sales drop 4.7% in first quarter

Shiseido slightly in the red in the first quarter, but growth targets unchanged

May 15, 2024 No Comments Business , , , , , ,

By AFP Published May 15, 2024 Japanese high-end cosmetics giant Shiseido posted a small loss in the first quarter due to restructuring costs, but maintained its growth forecasts for 2024. Shiseido Its net loss for the January-March period was 3.3 billion yen (-19.6 million euros at the current exchange rate), compared with a profit of [...]read moreShiseido slightly in the red in the first quarter, but growth targets unchanged